Centrica (OTCMKTS:CPYYY) Trading Down 1.7% - Should You Sell?

Centrica PLC (OTCMKTS:CPYYY - Get Free Report) shares were down 1.7% on Wednesday . The company traded as low as $8.78 and last traded at $8.94. Approximately 7,891 shares changed hands during trading, an increase of 72% from the average daily volume of 4,588 shares. The stock had previously closed at $9.10.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets lowered shares of Centrica from a "strong-buy" rating to a "hold" rating in a report on Friday, May 9th.

Centrica Stock Down 0.8%

The business's 50 day moving average is $8.78 and its 200 day moving average is $7.92. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.59 and a quick ratio of 1.49.

Centrica Increases Dividend

The company also recently announced a dividend, which was paid on Monday, June 16th. Investors of record on Monday, May 5th were paid a $0.1402 dividend. This is a boost from Centrica's previous dividend of $0.07. This represents a dividend yield of 3.9%. The ex-dividend date was Friday, May 2nd.

About Centrica

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.